On july 15, 2018, ortiz & co. signed a contract to provide everfresh bakery with an ingredient-weighing system for a price of $90,000. the system included finely tuned scales that fit into everfresh's automated assembly line, ortiz's proprietary software modified to allow the weighing system to function in everfresh's automated system, and a one-year contract to calibrate the equipment and software on an as-needed basis. (ortiz competes with other vendors who offer ongoing calibration contracts for ortiz's systems.) if ortiz was to provide these goods or services separately, it would charge $60,000 for the scales, $10,000 for the software, and $30,000 for the calibration contract. ortiz delivered and installed the equipment and software on august 1, 2018, and the calibration service commenced on that date. assume that the scales, software and calibration service are viewed as one performance obligation. how much revenue will ortiz recognize in 2018 for this contract?

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below.a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below.a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02